Comerica Financial Statements From 2010 to 2026

CMA Stock  USD 88.67  3.18  3.46%   
Comerica Incorporated's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Comerica Incorporated's valuation are provided below:
Gross Profit
3.3 B
Profit Margin
0.2214
Market Capitalization
11.3 B
Enterprise Value Revenue
5.0992
Revenue
3.3 B
We have found one hundred twenty available fundamental signals for Comerica Incorporated, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Comerica Incorporated prevailing market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 7.9 B, whereas Enterprise Value is forecasted to decline to about 2.8 B.

Comerica Incorporated Total Revenue

3.59 Billion

Check Comerica Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comerica Incorporated's main balance sheet or income statement drivers, such as Interest Expense of 743.5 M, Other Operating Expenses of 2.4 B or Operating Income of 821.9 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.044 or PTB Ratio of 1.73. Comerica financial statements analysis is a perfect complement when working with Comerica Incorporated Valuation or Volatility modules.
  
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Check out the analysis of Comerica Incorporated Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.

Comerica Incorporated Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding165.9 M133 M156.3 M
Slightly volatile
Total Assets61.2 B80.1 B71.1 B
Slightly volatile
Short and Long Term Debt Total7.3 B5.4 B5.3 B
Slightly volatile
Total Current Liabilities44.8 B58.8 B49.8 B
Pretty Stable
Total Stockholder Equity5.7 B7.7 B6.7 B
Pretty Stable
Property Plant And Equipment Net496.9 M426 M481 M
Pretty Stable
Retained Earnings13 B12.3 B8.6 B
Slightly volatile
Cash822.7 M866 M6.7 B
Pretty Stable
Non Current Assets Total45.9 B63.5 B46.7 B
Slightly volatile
Cash And Short Term Investments11.4 B15.8 B18.3 B
Slightly volatile
Net Receivables717.2 M755 MB
Very volatile
Liabilities And Stockholders Equity61.2 B80.1 B71.1 B
Slightly volatile
Non Current Liabilities Total14.2 B13.6 B5.5 B
Slightly volatile
Total Liabilities53.3 B72.4 B59.8 B
Slightly volatile
Property Plant And Equipment Gross1.6 B1.6 B836.2 M
Slightly volatile
Total Current Assets13.3 B16.5 B20.4 B
Slightly volatile
Short Term Debt1.4 B1.3 B1.1 B
Slightly volatile
Common Stock Total Equity1.1 B1.3 B1.1 B
Slightly volatile
Other Liabilities183 M192.6 M491 M
Slightly volatile
Long Term Debt5.6 B5.4 B4.7 B
Slightly volatile
Good Will496.9 M730.2 M616.6 M
Slightly volatile
Short Term Investments10 B14.9 B11.6 B
Slightly volatile
Intangible Assets125 M181.8 M139.3 M
Slightly volatile
Property Plant Equipment577.2 M426 M530.7 M
Pretty Stable
Other Current Assets9.8 B8.9 B11.1 B
Pretty Stable
Net Tangible Assets5.6 B4.3 B6.5 B
Slightly volatile
Retained Earnings Total Equity8.4 B12.9 B8.6 B
Slightly volatile
Long Term Debt Total3.5 B5.4 B4.3 B
Slightly volatile
Capital Surpluse2.3 B2.2 B2.1 B
Slightly volatile
Long Term Investments6.3 B6.6 B35.1 B
Slightly volatile
Non Current Liabilities Other1.5 BB1.6 B
Slightly volatile
Earning Assets24.2 B44.4 B25.1 B
Slightly volatile
Current Deferred Revenue31.6 M36.8 M30.7 M
Very volatile
Net Invested Capital10.5 B11.5 B12.6 B
Pretty Stable
Capital Stock1.6 B1.8 B1.3 B
Slightly volatile

Comerica Incorporated Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses2.4 B3.9 B2.3 B
Slightly volatile
Operating Income821.9 M915 M946.1 M
Slightly volatile
EBIT821.9 M915 M946.1 M
Slightly volatile
EBITDA913.8 M989 MB
Slightly volatile
Total Operating Expenses1.5 B2.4 B1.8 B
Slightly volatile
Net Income594.3 M723 M705.4 M
Slightly volatile
Depreciation And Amortization101.8 M74 M104.2 M
Pretty Stable
Selling General Administrative969.1 M1.5 B1.1 B
Slightly volatile
Total Revenue3.6 B4.8 B3.3 B
Slightly volatile
Gross Profit2.6 B3.3 B2.8 B
Slightly volatile
Income Before Tax901.9 M915 M953.4 M
Slightly volatile
Net Income Applicable To Common Shares758 M691 M740.8 M
Slightly volatile
Selling And Marketing Expenses33.2 M29 M30.4 M
Slightly volatile
Discontinued Operations13.6 M15.3 M16.7 M
Slightly volatile
Net Income From Continuing Ops819.2 M802.7 M752.5 M
Slightly volatile
Tax Provision220.6 M192 M258.7 M
Very volatile
Net Interest Income2.3 B2.5 BB
Slightly volatile
Interest Income2.8 B4.5 B2.5 B
Slightly volatile
Reconciled Depreciation83.5 M86.4 M108.9 M
Slightly volatile

Comerica Incorporated Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow772.7 M515.2 M719.5 M
Pretty Stable
Begin Period Cash Flow4.7 B6.8 BB
Slightly volatile
Depreciation102.4 M110.4 M106.3 M
Very volatile
Dividends Paid255.8 M460 M251.4 M
Slightly volatile
Total Cash From Operating Activities863.3 M691.1 M817.3 M
Pretty Stable
Net Income643.3 M723 M708.1 M
Slightly volatile
End Period Cash Flow4.8 B7.8 B7.4 B
Slightly volatile
Stock Based Compensation44.8 M62.1 M40.8 M
Slightly volatile
Issuance Of Capital Stock15.4 M16.2 M59.6 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.832.39162.6126
Very volatile
Dividend Yield0.0440.03270.036
Very volatile
PTB Ratio1.731.48891.3068
Slightly volatile
Days Sales Outstanding54.5657.4354161
Slightly volatile
Book Value Per Share61.3158.386444.8155
Slightly volatile
Free Cash Flow Yield0.120.06260.0951
Slightly volatile
Operating Cash Flow Per Share3.914.075.135
Slightly volatile
Stock Based Compensation To Revenue0.01350.01240.0124
Pretty Stable
Capex To Depreciation1.081.831.004
Slightly volatile
PB Ratio1.731.48891.3068
Slightly volatile
Free Cash Flow Per Share3.493.034.5112
Pretty Stable
ROIC0.03980.0340.0561
Pretty Stable
Net Income Per Share2.85.47734.6068
Slightly volatile
Sales General And Administrative To Revenue0.220.30830.3205
Slightly volatile
Capex To Revenue0.02130.02760.0286
Slightly volatile
Cash Per Share125120124
Slightly volatile
POCF Ratio7.7412.3210.9705
Pretty Stable
Interest Coverage0.610.6395.7432
Very volatile
Payout Ratio0.560.51850.4117
Very volatile
Capex To Operating Cash Flow0.240.230.1392
Slightly volatile
PFCF Ratio13.7516.5313.1086
Slightly volatile
Income Quality1.830.991.3381
Slightly volatile
ROE0.140.09380.1094
Slightly volatile
PE Ratio14.9715.87113.2091
Very volatile
Return On Tangible Assets0.0120.0090.0099
Slightly volatile
Earnings Yield0.09550.0630.0855
Pretty Stable
Intangibles To Total Assets0.00620.00950.0084
Very volatile
Current Ratio0.180.28110.3111
Very volatile
Tangible Book Value Per Share61.3158.386441.3534
Slightly volatile
Receivables Turnover5.166.3554.9215
Slightly volatile
Graham Number89.0784.82668.2046
Slightly volatile
Shareholders Equity Per Share61.3158.386444.8155
Slightly volatile
Debt To Equity0.670.70380.822
Very volatile
Capex Per Share1.091.040.6632
Slightly volatile
Revenue Per Share38.1736.348523.3583
Slightly volatile
Interest Debt Per Share37.351.939437.4797
Slightly volatile
Debt To Assets0.06440.06770.0726
Very volatile
Short Term Coverage Ratios0.30.3210.2026
Pretty Stable
Price Earnings Ratio14.9715.87113.2091
Very volatile
Operating Cycle54.5657.4354161
Slightly volatile
Price Book Value Ratio1.731.48891.3068
Slightly volatile
Dividend Payout Ratio0.560.51850.4117
Very volatile
Price To Operating Cash Flows Ratio7.7412.3210.9705
Pretty Stable
Price To Free Cash Flows Ratio13.7516.5313.1086
Slightly volatile
Pretax Profit Margin0.20.19070.2802
Very volatile
Operating Profit Margin0.20.19070.2802
Very volatile
Effective Tax Rate0.340.20980.2607
Pretty Stable
Company Equity Multiplier12.6310.389811.133
Pretty Stable
Long Term Debt To Capitalization0.510.41310.3719
Slightly volatile
Total Debt To Capitalization0.620.41310.4411
Slightly volatile
Return On Capital Employed0.04090.0430.0849
Pretty Stable
Debt Equity Ratio0.670.70380.822
Very volatile
Ebit Per Revenue0.20.19070.2802
Very volatile
Quick Ratio0.180.28110.3111
Very volatile
Dividend Paid And Capex Coverage Ratio0.930.982.5872
Slightly volatile
Net Income Per E B T0.560.79020.7334
Very volatile
Cash Ratio0.0140.01470.1067
Very volatile
Cash Conversion Cycle54.5657.4354161
Slightly volatile
Operating Cash Flow Sales Ratio0.190.110.2436
Slightly volatile
Days Of Sales Outstanding54.5657.4354161
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.960.860.8779
Pretty Stable
Cash Flow Coverage Ratios0.110.08110.1642
Slightly volatile
Price To Book Ratio1.731.48891.3068
Slightly volatile
Fixed Asset Turnover8.3511.26297.3303
Slightly volatile
Capital Expenditure Coverage Ratio4.294.528.6588
Pretty Stable
Price Cash Flow Ratio7.7412.3210.9705
Pretty Stable
Debt Ratio0.06440.06770.0726
Very volatile
Cash Flow To Debt Ratio0.110.08110.1642
Slightly volatile
Price Sales Ratio1.832.39162.6126
Very volatile
Return On Assets0.01190.0090.0098
Slightly volatile
Asset Turnover0.07190.05990.0506
Very volatile
Net Profit Margin0.140.15070.207
Pretty Stable
Gross Profit Margin0.570.68070.8213
Pretty Stable
Price Fair Value1.731.48891.3068
Slightly volatile
Return On Equity0.140.09380.1094
Slightly volatile

Comerica Incorporated Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.9 B7.5 B7.9 B
Slightly volatile
Enterprise Value2.8 B4.6 B4.8 B
Very volatile

Comerica Fundamental Market Drivers

Forward Price Earnings16.3399
Cash And Short Term Investments15.8 B

Comerica Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
19th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
17th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Comerica Incorporated Financial Statements

Comerica Incorporated stakeholders use historical fundamental indicators, such as Comerica Incorporated's revenue or net income, to determine how well the company is positioned to perform in the future. Although Comerica Incorporated investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comerica Incorporated's assets and liabilities are reflected in the revenues and expenses on Comerica Incorporated's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Comerica Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue36.8 M31.6 M
Total Revenue4.8 B3.6 B
Cost Of Revenue1.5 B1.6 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.31  0.22 
Capex To Revenue 0.03  0.02 
Revenue Per Share 36.35  38.17 
Ebit Per Revenue 0.19  0.20 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Comerica Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Incorporated Stock:
Check out the analysis of Comerica Incorporated Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica Incorporated. Projected growth potential of Comerica fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Comerica Incorporated assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.036
Dividend Share
2.84
Earnings Share
5.28
Revenue Per Share
25.192
Quarterly Revenue Growth
0.04
Comerica Incorporated's market price often diverges from its book value, the accounting figure shown on Comerica's balance sheet. Smart investors calculate Comerica Incorporated's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Comerica Incorporated's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Comerica Incorporated's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Comerica Incorporated should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Comerica Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.